Tag "EU"
EU leaders: the expansion of the economy and trade in the focus of the G20 summit
Job creation, economic growth and international investments are in the focus of the G20 summit – EU leaders have revealed the details of the conference in their joint statement on...
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FTA negotiations in a dead end street?
Despite the dobts voiced for a few days the Free Trade Agreement (TTIP) discussion have not come to a dead end. The goal remains to make an agreement before the...
Read moreFree trade negotiations stalled
Negotiations on the free trade agreement between the European Union and the United States (TTIP) have failed – German economy minister Sigmar Gabriel’s statement was quoted by Népszabadság Online. Negotiations...
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NÉBIH: the EU resolution on unfair commercial practices is important
A significant step was taken to protect food producers and processors – the National Food Chain Safety Office (NÉBIH) evaluated the European Parliament’s resolution on unfair trade practices. According to...
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EU's share in Russia foreign trade has decreased
The European Union’s share decreased by more than 2 percentage points from the foreign trade turnover of Russia in the first half of this year, compared to the same period...
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Inflation increased in the euro zone and in the EU in July
Inflation continued to rise in July in the euro zone and in the European Union – EU’s statistical office, the Eurostat reports. In July, annual inflation rose to 0.2 percent,...
Read moreVAT on internet to be reduced despite the rejection of the European Commission
Despite the refusal of the European Commission, the government will reduce the VAT on internet services from January 2017 – Világgazdaság wrote on Tuesday. Világgazdaság recalled that the European Commission...
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The VAT regulation on vouchers will change positively
The Council of the European Union brings the VAT regulation of single vouchers and voucher systems under control. Because of the impending changes, for the sellers it is worth to...
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Retail sales decreased in the EU
Eurostat announced that retail trade volume in June in the Eurozone was unchanged from the previous month, while sales decreased by 0.2 percent in the whole European Union. In a...
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Despite the Russian export ban, EU dairy exports may increase in the region
The coming weeks probably will not produce significant changes on the dairy market. The European Commission in its July short-term view reveals that the global oversupply and price pressure from...
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Reverse economic sentiment in the EU and in the euro zone
Economic sentiment improved slightly in the euro zone in July and decreased in the European Union – according to the Thursday published survey of the European Commission's Directorate-General for Economic...
Read moreFood is the most expensive in Slovakia among the Visegrád countries
Among the Visegrad Group (Hungary, Slovakia, the Czech Republic and Poland) the highest food prices can be found in Slovakia, although they still remain under the European Union (EU) average,...
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A decrease in the economic performance of the euro area
A less than expected decrease occured in the economic performance of the euro area, but the preliminary data of the Purchasing Managers Index (PMI) is standing in July on its...
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The Hungarian dairy sector receives three billion HUF support from the EU
The European Union on Monday decided on the new support package of 500 billion euros for the milk sector. Hungary will be given 2.7 percent (9.5 million euros) of the...
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The EU approves another 500 million euros market support package for the milk producers
Phil Hogan EU Commissioner responsible for Agriculture announced a new 500 million euros market support package to help the milk producers – Czerván György, Minister of State told at a...
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Caffeine is healthy in the EU
Danish MEP Christel Schaldemose disagrees with the European Commission’s recent proposal that energy and sugary drinks should be allowed to claim on their labels that the caffeine in them boosts...
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EU’s common agricultural policy does not favor livestock production
The Union's common agricultural policy does not favor livestock production. This means that these sectors are not eligible for EU funds, therefore the role of national subsidies aree appreciated in...
Read moreEuropean pigs are popular
According to the European Commission, the European Union sold 35 percent more pork (1.3 million tons) in the international markets in 2016 in the first four months, compared to a...
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FM: simplification in the Common Agricultural Policy is needed
Hungary is interested in the simplification of the Common Agricultural Policy’s (CAP) support system and to make it more efficient – Fazekas Sándor, Minister of Agriculture told at a coordination...
Read moreA EU report says that 11 percent of the protected Hungarian foods are falsified
10.8 percent of the geographical designation protected Hungarian food products proved to be false – according to a new report by the European Union Office of Intellectual Property (EUIPO). In...
Read moreThe preservation of GMO-free agriculture has a great importance
The preservation of Hungary’s GMO-free status in agriculture has a great importance . Hungary in every forum firmly and consistently represents to ban the public production of GM crops in...
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Retail sales grew in Europe
In May, retail sales increased by 0.4 percent, compared to the previous month in the euro zone and in the European Union – the European Union's statistical office, the Eurostat...
Read moreNGM: Hungarian retail grew above the European average
The Hungarian retail sales growth in April was the fourth largest in the European Union, significantly above the EU average of 2.4 percent – the Ministry of National Economy (NGM)...
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The European Commission wants more flexible VAT system
The European Commission would change the EU VAT system. The European Commission want more flexible, simpler and at the same time more rigorous system against frauds by standardizing the value...
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EU proposal to fight tax fraud
In order to reform its obsolete VAT system, the European Commission (EC) has proposed an action plan to make it simpler, more resistant to fraud and more enterprise-friendly. VAT is...
Read moreDouble differences in food prices in EU countries
Last year, more than twice differences were measured in average food prices in the European Union. Foods and drinks were the cheapest in Poland, while the most expensive in Denmark...
Read moreProduct comparison sites have one or two years to screen their system
European Commission's e-commerce package of measures was published on 25 May. The Commission proposes new e-commerce rules to help consumers and companies reap full benefit of Single Market One element...
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Employment is on eight years height in Europe
The number of employees increased to nearly eight years height in the European Union and in the euro zone in this year's first quarter. According to the report of EU’s...
Read moreThe current level of EU's agricultural subsidies must be maintained even after 2020
The current level of the European Union agricultural subsidies must be maintained in the agricultural sector even after 2020, any new tasks can be financed only from new sources –...
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EU agricultural council meeting in milk case
Informal EU Agricultural Council meeting is taking place on Monday and in Tuesday in Eindhoven. One of the main themes of the EU Agricultural Council will be the milk market...
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